Hsbc Holdings PLC Acquires 55,715 Shares of Jabil, Inc. $JBL

Hsbc Holdings PLC boosted its holdings in shares of Jabil, Inc. (NYSE:JBLFree Report) by 18.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 351,407 shares of the technology company’s stock after buying an additional 55,715 shares during the quarter. Hsbc Holdings PLC owned approximately 0.34% of Jabil worth $135,119,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Rakuten Securities Inc. acquired a new stake in Jabil during the 2nd quarter valued at $25,000. Greenline Wealth Management LLC bought a new position in shares of Jabil in the fourth quarter valued at about $28,000. Virtus Advisers LLC acquired a new stake in shares of Jabil during the 4th quarter worth about $32,000. DV Equities LLC bought a new stake in shares of Jabil during the 4th quarter worth about $34,000. Finally, Wilkerson Advisory Group LLC acquired a new position in Jabil in the 4th quarter valued at about $34,000. 93.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Jabil news, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the sale, the executive vice president owned 57,536 shares in the company, valued at $19,849,920. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.35% of the stock is currently owned by insiders.

Jabil Stock Performance

NYSE:JBL opened at $309.05 on Wednesday. The company has a market cap of $32.38 billion, a price-to-earnings ratio of 38.58, a PEG ratio of 0.91 and a beta of 1.30. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The stock has a fifty day moving average price of $337.34 and a 200-day moving average price of $316.85.

Jabil (NYSE:JBLGet Free Report) last issued its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The company had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. During the same period in the previous year, the company earned $2.55 EPS. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, equities analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current fiscal year.

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s payout ratio is presently 4.00%.

Analyst Ratings Changes

Several equities research analysts have issued reports on JBL shares. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. The Goldman Sachs Group boosted their price target on Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Raymond James Financial increased their price objective on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research report on Thursday, June 18th. Finally, Bank of America reissued a “buy” rating and issued a $470.00 target price on shares of Jabil in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $453.67.

Read Our Latest Stock Report on JBL

About Jabil

(Free Report)

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.

Further Reading

Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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